The sale of Hampshire Country Club was successfully concluded on Wednesday, June 9, according to Stan Brettschneider, president of the club board. The announced sale price was $12.9 million , somewhat below the $14.9 million asking price.
“The closing took place and we’re very excited,” he told the Gazette. “We will be able to take care of all our financial obligations, as promised.”
‘The new owners are very excited as well.” Said Mr. Brettschneider.
To date, not much is known about the owners, a private real estate firm, other than the name of the limited liability corporation formed for purposes of making the purchase: NWR Acquisitions.
The club ceased operating at the end of last year due to financial difficulties. The Village of Mamaroneck and Town of Mamaroneck jointly bid on the property and had plans to open the club to the public. A part of the 116 acre property would probably have been sold for housing development in order to defray the cost of the municipal purchase.
According to Mr. Brettschneider, the new owner will be continuing to operate the facility as a private golf club, as it has been for the past 65 years.